Seller Financing Available to Qualified Candidate!

Asking Price:$50,000Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory:$75,000not included in asking priceFF&E:$75,000included in asking priceShare this business:

Explanation of Financial Terms

Asking Price
The total asking price of the business for sale.

Gross Revenue
All income the business received before any cost-of-sales or expenses have been deducted.

Cash Flow
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.

Inventory
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.

FF&E
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.

Real Estate
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.

Business Description

ABOUT THIS STORE:
Style Encore of Big Flats entered the market in March of 2016. This is a unique opportunity to own an established store with a fully trained staff, growing customer base, inventory and back stock in place, marketing email list and social media following already set-up! All the work involved with site selection, lease negotiation, build out and initial staffing has been done for you so as a new owner you can step right in! Just bring your passion, energy and focus to the business!!

If you love, 1) offering GREAT bargains to women through a unique, proven business model, 2) boosting women's confidence through exceptional personal, attentive customer service, and, 3) by establishing beautiful long-lasting customer relationships - then Style Encore of Big Flats is for you!

OWNER WILL PROVIDE FINANCING, PROVIDED THE BUYER QUALIFIES TO ASSUME THE LEASE!

ABOUT STYLE ENCORE:
Style Encore specializes in buying and selling gently-used casual and business apparel and accessories for women. Women like to have trendy, fashionable pieces in their closet for every occasion. Style Encore gives them the resource to sell items that they no longer wear, get paid cash on spot, and purchase new items at a tremendous value - at up to 50-70% off regular retail! This great value to the customer also results in an excellent financial model for the franchisee.

About the Business

Year Established:

2016

Number of Employees:

11

Franchise:

Yes

Real Estate:

Leased

Building Sq. Ft.:

3,600

Lease Rate/Sq. Ft./Mo.:

$14.50

Lease Expiration:

6/1/2025

Facilities:

This store has been open for just over a year so this is essentially a brand NEW store. The space is fully renovated and built out to the current franchise design guidelines and local building codes. The store is is located in a major strip plaza in the Big Flats/Horseheads/Elmira area in a very active plaza just off a major highway exit and offers plenty of well-lit parking. The lease runs through June of 2025 and includes a 5 year renewal option at the time of renewal.

There is no direct competition in the Elmira area. Big Flats/Horseheads is a major shopping hub in the New York Southern Tier. This area also draws a large amount of shoppers from northern Pennsylvania.

Growth & Expansion:

The biggest impact a new owner can have on top line sales is with a local, full-time presence and a hands on management approach to build relationships with customers and staff. The marketing plan is in place so continued advertising, particularly on social media platforms will build customer traffic. There are many opportunities to promote at local events and through networking groups. Marketing templates, materials and plans are available for everything so you won't have to do this on your own.

About the Sale

Reason For Selling:

Multi-unit owners downsize long-distance operations

Training/Support:

Training provided and required by franchisor upon transfer. On-going support in advertising, merchandising, financial and inventory management, social media training and more provided by franchisor through field visits, regional meetings and national franchisee conferences.

Listing Info

ID:

1438102

Ad Detail Views:

50

Contact the Seller

Your Name

Your Email

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Amount You Can Invest(currently available funds)

$

Purchase Timeframe

months

Message to Seller

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PRICE REDUCED! Women's Apparel - Resale Franchise - Motivated Seller!

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